It’s a brief overview of the economic history of the origins of the electricity industry and its regulation, and points towards the extent to which in the 21st century we are now having to confront the downsides of regulation, particularly with respect to environmental quality and the creation, adoption, and diffusion of digital technology. And I must give a big thank you to the production folks at the Institute for Humane Studies; I have never been comfortable in front of a camera, but they made it as easy as it could be, and the historical photos they found to illustrate some of the events I discuss are fantastic.

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